Despite the meteorological and geopolitical winter (Ukraine and Middle East) continuing into March, it appears that the U.S. economy is continuing to push forward. The Institute for Supply Management’s manufacturing index increased in February to 53.2%, up from January’s 51.3% (figures above 50 signal expansion).
So, what will happen to the overall economy when the vernal equinox officially pushes us into Spring? We believe the manufacturers will continue to drive production and, as the weather tempers, the pent-up U.S. consumers will return to the market for homes, cars, and household and dry goods.
Are you prepared for a strong increase in customer orders? Get ready for an upside surprise in the second quarter.